Chesapeake Ranch Estates, MD
Housing market overview · Updated weekly
$369,000median sale price
Homes sold
13
Last 12 weeks
Days on market
48
Average pace
Active listings
32
2.5 months supply
Sale-to-list
99.0%
Below asking
The Chesapeake Ranch Estates housing market is currently classified as a seller's market with a median sale price of $369,000. Prices have risen 1.1% compared to last year, with homes spending an average of 48 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Chesapeake Ranch Estates?
The median home sale price in Chesapeake Ranch Estates is $369,000, up 1.1% from last year.
How long do homes stay on market in Chesapeake Ranch Estates?
Homes typically spend 48 days on market before going under contract.
Is Chesapeake Ranch Estates a buyer's or seller's market?
With 2.5 months of supply, Chesapeake Ranch Estates is currently a seller's market.
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